Mexico Aroma Chemicals Market Size & Outlook, 2022-2030

The aroma chemicals market in Mexico is expected to reach a projected revenue of US$ 120.4 million by 2030. A compound annual growth rate of 2.2% is expected of Mexico aroma chemicals market from 2023 to 2030.
Revenue, 2022 (US$M)
$101.5
Forecast, 2030 (US$M)
$120.4
CAGR, 2023 - 2030
2.2%
Report Coverage
Mexico

Mexico aroma chemicals market highlights

  • The Mexico aroma chemicals market generated a revenue of USD 101.5 million in 2022 and is expected to reach USD 120.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 2.2% from 2023 to 2030.
  • In terms of segment, esters was the largest revenue generating product in 2022.
  • Alcohols is the most lucrative product segment registering the fastest growth during the forecast period.


Aroma chemicals market data book summary

Market revenue in 2022USD 101.5 million
Market revenue in 2030USD 120.4 million
Growth rate2.2% (CAGR from 2022 to 2030)
Largest segmentEsters
Fastest growing segmentAlcohols
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationEsters, Alcohols, Aldehydes, Phenols, Terpenes
Key market players worldwideBasf SE, Takasago International Corp, Kao Corp, Givaudan SA, Symrise AG


Other key industry trends

  • In terms of revenue, Mexico accounted for 1.4% of the global aroma chemicals market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. aroma chemicals market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 1,709.3 million by 2030.

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Aroma Chemicals Market Scope

Aroma chemicals market segmentation & scope
Others
Others
Others
Others
Others
Essential Oils
Orange
Limonene
Myrcene
Others
Corn Mint
Menthol
Menthone
Others
Eucalyptus
Limonene
Citral
Others
Pepper Mint
Menthol
Menthone
Others
Lemon
Pinene
Limonene
Camphene
Citronella
Citronellal
Others
Patchouli
Patchouli Alcohol
Others
Clove
Eugenol
Others
Ylang Ylang
Lavender
Linalyl Acetate
Others
Others
Oleoresins
Paprika
Piperine
Others
Black Pepper
Piperine
Others
Turmeric
Curcumin
Others
Ginger
Gingerol
Others
Others
Others

Aroma Chemicals Market Companies

Name Profile # Employees HQ Website

Mexico aroma chemicals market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to aroma chemicals market will help companies and investors design strategic landscapes.


Esters was the largest segment with a revenue share of 31.82% in 2022. Horizon Databook has segmented the Mexico aroma chemicals market based on esters, alcohols, aldehydes, phenols, terpenes covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Mexico aroma chemicals market databook

  • Our clientele includes a mix of aroma chemicals market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico aroma chemicals market , including forecasts for subscribers. This country databook contains high-level insights into Mexico aroma chemicals market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico - north america aroma chemicals market size, by product, 2018-2030 (US$M)

Mexico Aroma Chemicals Market Outlook Share, 2022 & 2030 (US$M)

Mexico - north america aroma chemicals market size, by product, 2018-2030 (US$M)

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